Mr Cooper Group Inc (COOP)

[boarddork]

COOP, aka Mr Cooper Group Inc, aka 'the registrant', has an "Ultimate Parent" corporation as verified by GLEIF.org, that could be shorting COOP without being an insider... from one pocket to the other.

GLEIF.org is the international legal entity indentification (LEI #) platform, that every single corporation derives their LEI # from.

According to GLEIF.org, COOP aka Mr Cooper Group Inc has a "Direct Parent" and an "Ultimate Parent" who can remain anonymous due to a 'consolidated accounting exception'.

For kicks, what if something like JPM was COOP's "Ultimate Parent"? No wonder we haven't ever seen any other public proof due to consolidated accounting exceptions for anonymity. JPM could be shorting COOP to control its PPS for COOP's future mergers? or maybe JPM is shorting COOP to buy up cheaper shares for itself to flip later - just another way to make old WMI pay for itself ? I'm sure there's other scenarios. But it is curious how COOP always trades far below book